Many a trader got scammed in recent years due to the fraudulent projects, no matter if they are ICOs, social media "gurus" or trading platforms. In my opinion, it would be important to first educate beginners (here's an article on how to avoid mistakes, scams included
https://www.cryptocointrade.com/education/avoid-cryptocurrency-trading-mistakes/). How do you figure one out and what can be done in near future to limit these frauds an access to the market?
We have done our share of educating a lot of newbies here in the future. I think you could find testaments around here specially from senior members giving fair warning to newbies to try and educate themselves first before making that first investment. Maybe some of them learn, however, I believed that majority don't so its going to be a expensive lessons for them to learn. And then the cycle repeats itself, more newbies comes to crypto space, then they are scam and so on. I guess its a on-going battle and unless you learn from it, there will be a lot of newbies that will fall for the scammers trap.